Contact Information: For more information, contact: Shawn Hanson Well Log Sales Manager +1 (713) 860-2100 John Adamick Senior Vice President, Geological Products and Services +1 (713) 860-2100
HOUSTON, TX--(Marketwire - June 10, 2009) - The Geological Products and Services division of
TGS-NOPEC Geophysical Company (TGS) and the State of Ohio, Department of
Natural Resources, Division of Geological Survey have entered into an
agreement to make a complete set of well logs from the state available
online.
Under the terms of the agreement, TGS will scan, quality control, and
catalog the data on behalf of the state. The complete collection of Ohio
well logs will be available commercially from LOG-LINE Plus!®, TGS'
online collection of more that 5.6 million well logs worldwide.
The project will include an estimated 230,000 logs and will take place
over 10-12 months, with data being added to LOG-LINE Plus!® from the
project on a weekly basis. The agreement with Ohio follows the recent
announcement that TGS is partnering with operators in the eastern United
States to add their private collections to LOG-LINE Plus!® and is part of
the company's strategy to expand commercial access to data in the region.
TGS-NOPEC Geophysical Company (TGS) is a principal resource for global
geoscientific data products and services in the E&P industry. TGS
specializes in the design, acquisition and processing of multi-client
seismic surveys worldwide and delivers advanced high performance seismic
imaging and software solutions. The Company also provides the world's
largest online well-log database, well data management services,
multi-client interpretive products and subsurface consulting services to
industry. The suite of integrated exploration data products available from
TGS is distinctive and unmatched. The Company philosophy is to create
unique high-quality data collected in the right place at the right time.
www.tgsnopec.com
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange
(OSLO : TGS ).